Yak Communications Launches yakForFree Virtual VideoPhone Download for Macintosh Users.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Yak Communications Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :YAKC), a provider of telecommunications services to residential and business customers, today announced the launch of a Macintosh OS X download for its yakForFree Virtual VideoPhone (1) (VideoPhone) A line of videophones (definition #1 below) from AT&T that were introduced in the early 1990s and later pulled off the market due to poor sales. The first models came with a price tag above $1,000, and a pair were needed. See Picturephone. software (www.yakforfree.com). By downloading the free Virtual VideoPhone, which takes less than a minute, users can make free member-to-member voice and video calls over the Internet using a high-speed connection. In addition to video and Instant Messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or capabilities, yakForFree has all of the features of traditional telephones, including: Audio Conference for 10, Unlimited Distributed Conferencing, Quad User Video Conference, Audio and Video Call Recording, Speaker Phone Mode, Call Transfer, Call Logs & Missed Call A missed call is when a cell phone user calls another and cuts off deliberately before the called party has a chance to pick up the call. Missed calls are used to notify another person of the caller's presence or to conveniently obtain a person's cellphone number. Indicator, Auto Answer (1) A modem feature that accepts a telephone call and establishes the connection. See auto dial. (2) A cellphone feature that answers the call after some number of rings, allowing you to use a headset and receive a call without manual intervention. & Conference and Do Not Disturb Do not disturb usually referes to a status where the subject prefers to be left in solitary. It can also mean the following:
Users can search the Yak Community directory listing (www.yakcommunity.com) for friends and, with the Buddy List feature, see which contacts are online at any given time. For even more features and functionality, users can upgrade to one of Yak's WorldCity VoIP (www.worldcity.com) paid services to make voice calls to traditional landline and cellular telephones worldwide at exceptionally low rates. "We are delighted by the early popularity of the yakForFree service offering and are excited to deliver the Mac download of the Virtual VideoPhone to this user community," said Charles Zwebner, Chief Executive Officer of Yak. "Mac users are recognized as early adopters of cutting edge technology, and we believe they will quickly see the value of yakForFree and we expect them to lead the way in the mass adoption of the technology." "In addition to supporting Macintosh OS X, in the near future we plan to roll out a yakUnlimited service upgrade that offers local line replacement including unlimited local and long distance calling in North America for only $19.99 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ," said David Hurwitz, President of Yak's VoIP Initiatives. "Additional new features that yakForFree users can look forward to include a download for Mobile Pocket PC, a version that runs on Linux, as well as the development of an Extensible Messaging and Presence Protocol Extensible Messaging and Presence Protocol (XMPP) is an open, XML-inspired protocol for near-real-time, extensible instant messaging (IM) and presence information (a.k.a. buddy lists). It is the core protocol of the Jabber Instant Messaging and Presence technology. (XMPP (EXtensible Messaging and Presence Protocol) An XML-based protocol for real time communications, originally developed by Jeremie Miller in 1998 for the Jabber instant messaging system. )." About Yak Communications Yak Communications Inc. (NASDAQ:YAKC) is an Integrated Communications Provider (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ) offering a full array of long distance (1+, toll free and dial-around), local lines, travel cards, cellular long distance, and data services, as well as broadband voice (VoIP) services to residential and small businesses in North America over high speed internet access. Yak currently serves approximately 900,000 customers for its traditional telecom services. For more information, visit www.yak.com. Forward Looking Statements Statements contained in this news release, which are not strictly historical are forward looking within the meaning of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. clause of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The Company makes these statements based on information available to it as of the date of this news release and assumes no responsibility to update or revise such forward-looking statements. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may cause the Company's actual results to differ materially from such forward-looking statements. Words such as "projects", "believe", "anticipates", "estimate", "plans", "expect", "intends", and similar words and expressions are intended to identify forward-looking statements and are based on our current expectations, assumptions, and estimates about us and our industry. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Although the Company believes that such forward-looking statements are reasonable, we cannot assure you that such expectations will prove to be correct. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of several factors, risks and uncertainties. These factors, risks and uncertainties include, without limitation, our ability to satisfactorily address any material weaknesses in our internal financial controls, our success in integrating the operations of any newly-acquired businesses, and associated reduction in costs, the successful implementation of our business plans including growth of existing product offerings, strategic acquisitions and development of broadband telephony products, the successful integration of new management team members, continued and increased demand for our services, the successful deployment of new equipment and realization of material savings therefrom, competition from larger and/or more experienced telecommunications providers, our ability to continue to develop our markets, general economic conditions, changes in governmental regulation, and other factors that may be more fully described in our literature and periodic filings with the Securities and Exchange Commission. You are urged to carefully review and consider these disclosures, which describe certain factors that affect our business. Yak Communications Inc. (NASDAQ:YAKC). |
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